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VOOR, ALLEN, FEDDER, HERENDEEN 8 KOWALS <br />ATTORNEYS 8 COUNSELORS AT LAW <br />WILLIAM E. VOOR <br />300 HRST BANK BUILDING <br />LLOYD M. ALLEN <br />KENNETH P. FEDDER <br />SOUTH BEND, INDIANA 46601 <br />GEORGE E.HERENDEEN <br />ANTHONY D. KOWALS <br />DAVID M. McTIGUE <br />November 5, 1982 <br />Members of the South Bend <br />Common Council <br />County -City Building <br />South Bend, IN 46601 <br />AREA CODE 219 <br />236 -6061 <br />OF COUNSEL: <br />WLLLIAM O. JACKSON <br />GUY H. MCMICHAEL <br />Re: Michiana Telecasting Corporation - Proposed Ordinance <br />Dear Councilmen: <br />The South Bend Economic Development Commission on November 5, <br />1982 received an application from Michiana Telecasting Corp., <br />and by resolution approved the refunding of the City of South <br />Bend Economic Development revenue notes (Michiana Telecasting <br />Corp. Project) dated April 1, 1981, issued for the financing of <br />certain economic development facilities of Michiana Telecasting <br />Corp. <br />The project is in full operation in St. Joseph County and the <br />ordinance herein is to permit the refunding of the previously <br />issued revenue bonds, which was permissible under the various <br />financing documents and was anticipated by the parties. <br />The total amount of the jobs created, as well as the anticipated <br />payroll, remains constant as provided for and established through <br />the previously passed ordinance of this Common Council. <br />ec <br />P. FEDDER <br />KPF:ram <br />FILED IN CLERK'S OFFICE <br />Irene Gammon <br />CITI WA 01H BEND, IND, <br />